Asian Chip Stocks Climb as Alphabet Spending Revives AI Momentum
Asian semiconductor stocks rose as Alphabet Inc.’s plans to spend up to $200 billion this year on artificial intelligence computing power refueled optimism over trickle-down benefits.
By Kurt Schussler · Bloomberg Markets
Asian semiconductor stocks rose as Alphabet Inc.’s plans to spend up to $200 billion this year on artificial intelligence computing power refueled optimism over trickle-down benefits.